ACCOUNTING

Key Services:

Bookkeeping And Financial Accounting

  • Preparation of periodic financial statements (Profit & Loss Account, Balance Sheet, Cash Flow Statements).
  • Bank reconciliations to ensure accurate bank balances. Accounts receivable and payable management, including invoicing and collections.

Management Accounting

  • Providing financial information to help management make informed business decisions.
  • Budget preparation and variance analysis.
  • Preparing management reports such as MIS (Management Information System) reports, profitability analysis, and break-even analysis.

Financial Reporting and Compliance

  • Ensuring that financial statements are prepared in accordance with applicable financial reporting standards.
  • Preparation of financial statements as per Indian Accounting Standards (Ind AS), International Financial Reporting Standards (IFRS), and Generally Accepted Accounting Principles (GAAP).
  • Ensuring compliance with statutory reporting requirements under the Companies Act, 2013, and other relevant laws.
  • Consolidation of financial statements for group companies and subsidiaries.

Payroll Processing and Compliance

  • Managing payroll functions and ensuring compliance with applicable labor laws.
  • Deduction and remittance of taxes (TDS on salaries), provident fund (PF), employee state insurance (ESI), and professional tax.

Tax Accounting

  • Handling the accounting and reporting of tax-related transactions.
  • Computation of tax liabilities (both direct and indirect taxes).
  • Deferred tax accounting as per applicable standards.
 
     
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